Head of Compliance Practice Appointed

Press Releases, April 1, 2015

Temenos – Company

Temenos is delighted to announce that Marlene Meli, has been appointed to lead the compliance services practice at Temenos. Her appointment is part of Temenos’ drive to support financial institutions in the ever more complex and costly area of regulation and compliance.

Marlene brings with her over 30 years’ experience in Banking Operations and IT. Her career has included various senior management positions covering Core Banking, Securities Services, International Banking Operations and IT, and most recently she held the role of Head of Global Compliance and Risk Screening Infrastructure at UBS. Marlene will be based in our head office in Geneva.

The compliance landscape continues to present challenges as regulatory requirements increase and money laundering schemes, trade-based money laundering, capital flight, tax evasion and schemes related to new digital channels evolve and mutate. Temenos has over 25 years’ experience in supporting banks in compliance and regulation and with Marlene’s proven track record in driving operational efficiency programmes and IT change projects she is ideally suited to support financial institutions during these challenging times.

Marlene Meli, Head of Compliance Practice said:

“In this increasingly regulated environment, the importance in having robust frameworks and sophisticated, agile systems has never been greater. My experience means that I have a strong understanding of the compliance and regulatory needs of financial institutions; I’m pleased to have this opportunity to apply this internal knowledge to the development of enhanced software to address these needs.”

Amanda Gilmour, Product Director – Payments said:

“This is a challenging time for the banking industry. Temenos understands that regulation and compliance are, and will become, increasingly important and costly to banks. We also recognize that even alternative players are starting to be impacted by regulation. Marlene’s appointment demonstrates our dedication to supporting financial institutions with compliance and regulation, enabling them to focus on their customers”.